Balasore Alloys Limited announced it has appointed Tarini Mohanty as Director – Mining, effective March 14, 2022.
Sanjay Gupta, Director – Finance and Chief Financial Officer, has resigned from the role, with effect from March 14, 2022.
Balasore Alloys, formerly Ispat Alloys Limited is part of the Ispat group of Companies, a major business house in the country, promoted by the Mittals. The group’s companies are spread across six countries including Libya, Bosnia, Philippines, Azerbaijan and Uzbekistan. India Ltd.
Balasore Alloys was incorporated in the year 1984 at Balasore, Odisha and at present it has two plants with total capacity of 160,000 MTPA. With multiple furnaces of different capacities, the company has the flexibility to produce different grades of Ferro Chrome as per market dynamics. This adds to the competitive advantage of the organization as a range product mix can be maintained at the same time even with lower quantity requirements.
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